Isovalent, a Mountain View, CA-based company behind open source technologies Cilium and eBPF, closed a $40M Series B funding round.
The round was led by Thomvest Ventures with participation from M12 (Microsoft’s Venture Fund) and Grafana Labs, which joined Google and Cisco as existing strategic investors in the company, as well as Andreessen Horowitz, Mango Capital, and Mirae Asset Capital.
The company intends to use the funds to expand its team both to support customer demand for Isovalent Cilium Enterprise and to collaborate with ecosystem partners.
Founded by Dan Wendlandt and Thomas Graf in 2017, Isovalent is the creator of the Cilium project and provider of Isovalent Cilium Enterprise for secure and observable cloud native connectivity.
Isovalent Cilium Enterprise capabilities include:
- Scalable Multi-Cloud Networking
- Efficient and Dynamic Service Load-Balancing
- Service Identity-aware Network Firewalling
- Network & API-layer Observability
- Transparent Network Encryption
- Runtime Security Observability & Enforcement
- Sidecar-free Service Mesh
The solution has been selected in several managed Kubernetes offerings of major public cloud providers including Google Kubernetes Engine, Google Anthos, and Amazon EKS Anywhere. Platform engineering teams at major enterprises such as Adobe, Bell Canada, Capital One, Datadog, Palantir, IKEA, and Sky, are working with Isovalent to enable enterprise-grade connectivity in their cloud native environments.
FinSMEs
07/09/2022